"These tribunals have improved the quality of bankruptcy hearings, efficiently cleaning up zombie companies, and playing a bigger role in providing a fair and effective environment for the market-oriented economy," he said.

The top court also set up an online platform last year that carries information on zombie companies and helps judges deal with related cases.

"We disclose legal guidance on the platform for enterprises. Those with an intention to file for bankruptcy can appeal to courts in line with the procedures we lay out," he said. "The entire process is transparent online, increasing work efficiency and improving public supervision."

The SPC said the platform has been visited more than 51 million times.